ABXB vs. HYKE

Last updated Jun 3, 2026

ABXB (Abacus Flexible Bond Leaders ETF) and HYKE (Vest 2 Year Interest Rate Hedge ETF) are both Nontraditional Bonds funds. ABXB is passively managed, while HYKE is actively managed. ABXB charges 0.62%/yr vs 0.85%/yr for HYKE.

Performance

ABXB vs. HYKE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Abacus Flexible Bond Leaders ETF (ABXB) and Vest 2 Year Interest Rate Hedge ETF (HYKE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ABXB

• 1D: 0.06%
• 1M: 0.35%
• YTD: 0.50%
• 6M: 0.87%
• 1Y: 5.87%
• 3Y*: 6.52%
• 5Y*: 1.21%
• 10Y*: —

HYKE

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ABXB vs. HYKE - Yearly Performance Comparison

	2026 (YTD)
ABXB Abacus Flexible Bond Leaders ETF	1.87%
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%

Return for Risk

ABXB vs. HYKE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ABXB

ABXB Risk / Return Rank: 43
ABXB Sharpe Ratio Rank: 48
ABXB Sortino Ratio Rank: 48
ABXB Omega Ratio Rank: 49
ABXB Calmar Ratio Rank: 33
ABXB Martin Ratio Rank: 36

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ABXB vs. HYKE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Abacus Flexible Bond Leaders ETF (ABXB) and Vest 2 Year Interest Rate Hedge ETF (HYKE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ABXB	HYKE	Difference
Sharpe ratio Return per unit of total volatility	1.70	—	—
Sortino ratio Return per unit of downside risk	2.40	—	—
Omega ratio Gain probability vs. loss probability	1.32	—	—
Calmar ratio Return relative to maximum drawdown	1.68	—	—
Martin ratio Return relative to average drawdown	5.73	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ABXB	HYKE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.70	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	—	—

Drawdowns

ABXB vs. HYKE - Drawdown Comparison

The maximum ABXB drawdown since its inception was -16.96%, which is greater than HYKE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for ABXB and HYKE.

Drawdown Indicators

	ABXB	HYKE	Difference
Max Drawdown Largest peak-to-trough decline	-16.96%	0.00%	-16.96%
Max Drawdown (1Y) Largest decline over 1 year	-3.43%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-3.81%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.96%	—	—
Current Drawdown Current decline from peak	-1.29%	0.00%	-1.29%
Average Drawdown Average peak-to-trough decline	-5.73%	0.00%	-5.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.01%	—	—

Volatility

Volatility by Period

	ABXB	HYKE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.97%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.46%	0.00%	+3.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.59%	0.00%	+5.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.44%	0.00%	+5.44%

ABXB vs. HYKE - Expense Ratio Comparison

ABXB has a 0.62% expense ratio, which is lower than HYKE's 0.85% expense ratio.

Dividends

ABXB vs. HYKE - Dividend Comparison

ABXB's dividend yield for the trailing twelve months is around 5.18%, while HYKE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
ABXB Abacus Flexible Bond Leaders ETF	5.18%	5.50%	15.35%	4.79%	3.18%	3.40%	0.37%
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, ABXB or HYKE?

On fees, ABXB is cheaper at 0.62% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ABXB or HYKE?

ABXB is cheaper with a 0.62% expense ratio, compared with 0.85% for HYKE.

Which ETF pays a higher dividend yield, ABXB or HYKE?

ABXB has the higher dividend yield at 5.18%, compared with 0.00% for HYKE.

What is the main difference between ABXB and HYKE?

They also come from different issuers: Abacus and Cboe Vest. Their fees differ too: 0.62% for ABXB and 0.85% for HYKE.